Predatory Lending, Health Security Act, Tax on Internet Business and Pay Pay Lending bills all have hearings scheduled today. We could use a few more volunteers so if you can volunteer to pass out flyers, staff our table in the Rotunda, or help manage the crowd during the ‘die-in,’ please come to our table in the Rotunda.
Just a quickie today. Lobbying opportunities, below. Moral Monday details, click here. There will be a tremendous line-up of speakers and music from 12-2pm and a ‘die-in’ at 1pm to symbolize all those who will die because of GOP policies in Washington and NM.
Lobbying opportunities below.
Mon, Feb 20, 8:30am, Rm 317, House Taxation and Revenue Committee, HB 202 Tax on Businesses Without a Physical Presence. Internet sales tax; targeting large out-of-state internet sellers. Our local businesses are at a distinct disadvantage. Big companies like Amazon can sell goods without any tax added. Sure you save a small amount, but our state is broke (thank you Susana).
Monday, February 20, 2017 – 1:30 p.m. – Room 317. HB 26 and SB 15: Pay Day Lending. Enacts new sections of the New Mexic0 Bank Installment Loan Act of 1959 and imposing a cap on interest rates of 36%; voiding contracts that exceed the interest rate cap; repealing a section of the New Mexico small loan act of 1955. The rates imposed on vulnerable, low-income populations by pay day lenders are obscene and this act would severely restrict their capacity to exploit people living paycheck to paycheck.
Mon, Feb 20, 2 pm, Rm. 309 (or 15 minutes after general session ends) The Health Security Act (HB 101) is scheduled to be heard by the House Judiciary Committee. The Health Security Act is NM’s version of a single-payer healthcare system. General Sessions have run long, so heading over after our Moral Monday ends will get you there right on time. Click here for more on the act and for contact info on the representatives on the Judicial Committee, including two you know well.
Mon, Feb 20, 2 pm, Rm. 311, (or ½ hr. after general legislative session) Senate Corporations & Transportation Committee. SB 231 Increase Cigarette & E-Cigarette Taxes. Increases cigarettes excise tax by $1.50 per pack; expands definition of tobacco products to include e-cigarettes. Potential to add $65 million to the General Fund. This class would do more than raise taxes. There is abundant evidence that the more tax added to cigarettes, the fewer young people take up the habit. And $65M a year is serious money.